Thursday, September 29, 2005

888 raises 147.7M pounds in ipo sale

"888 Holdings Plc, the world's largest Internet casino operator, sold shares worth 147.7 million pounds ($261 million) in an initial public offering to fund expansion. "

[Bloomberg]

Look to see more consilidation in the onling gaming space. Growth seems to be slightly leveling off. WPTE stock has dropped precipitously since beginning of August.

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